Crypto market update: XRP led 24-hour decline as of Oct 29, 05:00 UTC

XRP fell 2.34% over 24 hours to $1.3000, with Solana, Ether and Bitcoin also lower; CoinDesk and others published market and policy coverage overnight.

MarketAlleys Research Desk

Published Oct 29, 2026, 05:02 AM UTC · 2 min read

X LinkedIn Facebook

Illustration for: Crypto market update: XRP led 24-hour decline as of Oct 29, 05:00 UTC — Illustration (AI-generated) — not a photograph of the events described.

Where prices stand

As of Oct 29, 05:00 UTC, CoinGecko shows XRP at $1.3000, which fell 2.34% over 24 hours — the largest move — followed by Solana at $100.05 (fell 1.74% over 24 hours), Ether at $2,319.13 (fell 1.36% over 24 hours) and Bitcoin at $80,166.00 (fell 0.86% over 24 hours). Five-session changes were +0.05% for XRP, -2.26% for Solana, -1.64% for Ether and -0.65% for Bitcoin.

Instrument	Last	5-session change	Latest change	As of	Source
Bitcoin	$80,166.00	-0.65%	-0.86%	Oct 29, 05:00 UTC	CoinGecko
Ether	$2,319.13	-1.64%	-1.36%	Oct 29, 05:00 UTC	CoinGecko
Solana	$100.05	-2.26%	-1.74%	Oct 29, 05:00 UTC	CoinGecko
XRP	$1.3000	+0.05%	-2.34%	Oct 29, 05:00 UTC	CoinGecko

Trend check

MarketAlleys’ trend signals show neutral status for all four instruments and list RSI(14) and moving averages as reference points: Bitcoin RSI(14) 45.4, close 80800.83, SMA50 81839.72, longSma 73029.36; Ether RSI(14) 37.5, close 2347.32, SMA50 2536.71, longSma 2158.62; Solana RSI(14) 36.5, close 101.20, SMA50 109.43, longSma 88.54; XRP RSI(14) 42.4, close 1.3343, SMA50 1.4129, longSma 1.2796.

Instrument	Close	SMA50	Long SMA	RSI(14)	Trend status
Bitcoin	80,800.83	81,839.72	73,029.36	45.4	neutral
Ether	2,347.32	2,536.71	2,158.62	37.5	neutral
Solana	101.20	109.43	88.54	36.5	neutral
XRP	1.3343	1.4129	1.2796	42.4	neutral

Trend status is a rules-based classification of moving averages and MACD on daily closes (as of Oct 28, 22:40 UTC); it is not a recommendation.

In the news

CoinDesk published articles titled "Bitcoin dips below $80,000 as Samsung-led tech jitters and a hawkish Fed weigh on crypto" and "Mystery Wall Street Journal ad sparks new fight over tokenized stocks." Cointelegraph published "Bitcoin faces fresh pressure after Fed’s hawkish rate hold: Analysts." Yahoo published "Stealth Bear Market Hits Crypto Stocks as Coinbase, Circle, Robinhood Fall 40-56%."

Bitcoin dips below $80,000 as Samsung-led tech jitters and a hawkish Fed weigh on crypto — CoinDesk, Oct 29, 03:32 UTC
Mystery Wall Street Journal ad sparks new fight over tokenized stocks — CoinDesk, Oct 29, 03:21 UTC
Bitcoin faces fresh pressure after Fed’s hawkish rate hold: Analysts — Cointelegraph, Oct 29, 01:12 UTC
Stealth Bear Market Hits Crypto Stocks as Coinbase, Circle, Robinhood Fall 40-56% — Yahoo, Oct 29, 02:54 UTC

Sources and data

CoinDesk (secondary source) — Bitcoin dips below $80,000 as Samsung-led tech jitters and a hawkish Fed weigh on crypto
Cointelegraph (secondary source) — Bitcoin faces fresh pressure after Fed’s hawkish rate hold: Analysts
Yahoo (secondary source) — Stealth Bear Market Hits Crypto Stocks as Coinbase, Circle, Robinhood Fall 40-56%
Finnhub (market data) — market data
CoinGecko (market data) — market data

Market data as of Oct 29, 05:00 UTC; report generated Oct 29, 05:00 UTC. All times are UTC. Each table row shows its own timestamp and provider.

This report was produced by the MarketAlleys Research Desk using automated data processing and language tools from the sources listed above, and checked against our automated-content validation rules. It is for information only and is not investment advice.

Terms in this article

Price-to-earnings ratio (P/E)
Share price divided by earnings per share.
Full definition Learn more in Index Insight
Relative Strength Index (RSI)
A momentum oscillator, developed by J.
Full definition
Moving average
The average price over a rolling window, plotted to smooth out noise.
Full definition
MACD
A trend and momentum indicator calculated as the 12-period exponential moving average minus the 26-period EMA, plotted with a 9-period EMA of that difference as the signal line.
Full definition
Hawkish / dovish
Hawkish describes a central bank or official leaning toward higher interest rates to fight inflation; dovish describes a leaning toward lower rates to support growth and jobs.
Full definition Learn more in Currency Conquest

Sources & data

CoinDesk (secondary, retrieved Oct 29, 2026, 05:02 AM UTC)
Cointelegraph (secondary, retrieved Oct 29, 2026, 05:02 AM UTC)
Yahoo (secondary, retrieved Oct 29, 2026, 05:02 AM UTC)
Finnhub (market-data, retrieved Oct 29, 2026, 05:02 AM UTC)
CoinGecko (market-data, retrieved Oct 29, 2026, 05:02 AM UTC)

Market data as of Oct 29, 2026, 05:00 AM UTC.

This report was produced by the MarketAlleys Research Desk using automated data processing and language tools, built only from the cited sources and validated by rules described in our methodology. Spot an error? Request a correction.

Ask about this story

Questions are answered only from this article and the sources it cites.

MarketAlleys provides news and analysis for information only; it is not investment advice or a recommendation to buy or sell any security. Markets involve risk. Risk disclaimer.

Was this useful?

Report an issue with this article